Manaksia Coated Metals & Industries Limited manufactures and sells coated metal and household products in India and internationally. It offers galvanized steel sheets/coils, and pre-painted steel coils/sheets for various applications, such as construction, white goods, automotive, furniture, containers, and roofing and façade under the Colour Strong, Zingalvo, and Singham brand names. The company also provides mosquito repellent coils, liquid vaporizers, incense, and paper cards, as well as aerosol for mosquitoes and other crawling insects; and manufactures ultramarine blue powder used for fabric whitener. It also engages in trading of agro products. The company was incorporated in 2010 and is based in Hyderabad, India.
Manaksia Coated Metals & Industries Dividend Announcement
• Manaksia Coated Metals & Industries announced a annually dividend of ₹0.05 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
• Manaksia Coated Metals & Industries annual dividend for 2024 was ₹0.05
• Manaksia Coated Metals & Industries annual dividend for 2023 was ₹0.03
• Manaksia Coated Metals & Industries's trailing twelve-month (TTM) dividend yield is 0.08%
Manaksia Coated Metals & Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹0.05 | annually | 2024-10-20 |
2023-08-22 | ₹0.03 | annually | 2023-09-28 |
2021-09-16 | ₹0.03 | annually | 2021-10-24 |
Manaksia Coated Metals & Industries Dividend per year
Manaksia Coated Metals & Industries Dividend Yield
Manaksia Coated Metals & Industries current trailing twelve-month (TTM) dividend yield is 0.08%. Interested in purchasing Manaksia Coated Metals & Industries stock? Use our calculator to estimate your expected dividend yield:
Manaksia Coated Metals & Industries Financial Ratios
Manaksia Coated Metals & Industries Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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